The decline came after the country’s forex reserves had touched a record high of USD 723.774 billion in the previous week.
India's forex reserves fell by $6.711 billion to $717.064 billion for the week ended February 6, after touching a record $723.774 billion the previous week, according to RBI data.
The rupee depreciated 8 paise to 90.69 against the US dollar in early trade on Friday, pressured by the strengthening of the American currency and a negative trend in domestic equities. Forex traders ...
-- Buy the EUR/USD pair and set a take-profit at 1.1900. -- Add a stop-loss at 1.1625. -- Timeline: 1-2 days. The EUR/USD pair continued rising as odds that the Fed and the ECB will diverge on ...
I was doing some currency research the other day, and something interesting caught my eye. Over the last 12 months, the U.S.
-- Sell the EUR/USD pair and set a take-profit at 1.1470. -- Add a take-profit at 1.1700. -- Timeline: 1-2 days. Bullish view -- Buy the EUR/USD pair and set a take-profit at 1.1700. -- Add a ...
The ASX 200 Index and the AUD/USD exchange rate continued the uptrend this week as demand for Australian assets jumped.
China is seizing an opportunity to challenge American dominance in global finance and exert greater international influence at the expense of the all-powerful US dollar.
The yen firmed against the U.S. dollar on Monday after Japanese officials warned against "one-sided and sharp" currency moves, signaling readiness to take appropriate action in what analysts viewed as ...
Forex (foreign exchange) trading can seem intimidating at first, but it’s actually one of the most accessible ways to get started with investing. If you’ve ever asked yourself how to trade forex but ...
U.S. Dollar Index pulled back as traders reacted to the Initial Jobless Claims report. The report indicated that 227,000 Americans filed for unemployment benefits in a week, compared to analyst ...
Forex futures trading allows you to profit from slight price movements in fiat currencies. Traders look at global economics, government policies, changes in consumer behavior, and other indicators to ...